Mutual Fund Insights: Fidelity Diversified International K Fund (FDIKX)

In-depth Analysis of Fidelity Diversified International K Fund (FDIKX)

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See Fidelity Diversified International K Fund (FDIKX) performance details as of February 28, 2010

  

Last Trade: $27.82 on 3/19/2010, Change: -0.19 (-0.68%)

  

Fund Manager - William Bower

Fund Manager Tenure: 9.0 years   [Similar Funds: FDIVX ]
Fundmojo Fund Grade: C (Score: 0.5)     (What does this score mean?)

William Bower is a co-manager of Advisor Global Equity Fund, which William Bower has managed since December 2005. William Bower also manages Fidelity Diversified International Fund and is interim manager of Fidelity Aggressive International Fund, Fidelity Advisor International Capital Appreciation Fund and VIP International Capital Appreciation Portfolio. Since joining Fidelity Investments in 1994, William Bower has worked as a research analyst and manager.  Get more insights on William Bower

  

 What we like about Fidelity Diversified International K Fund (FDIKX)

Data for Fidelity Diversified International K Fund (FDIKX) as of February 28, 2010

• Fidelity Diversified International K Fund (FDIKX) management has been with Fidelity Diversified International K Fund for 9.0 years
• Fidelity Diversified International K Fund (FDIKX) has good mid-term performance (3-year return -7.39% vs -6.27 % Foreign Large Growth category average)
• Fidelity Diversified International K Fund (FDIKX) ratio of up-years vs down years is greater than 2
• Fidelity Diversified International K Fund (FDIKX) has a Morningstar rating of 4 and above
• Fidelity Diversified International K Fund (FDIKX) has an annual stock turnover rate of 54.00% vs Foreign Large Growth average of 94.92%. It is good that Fidelity Diversified International K management does not trade extensively for its return.
• Fidelity Diversified International K Fund (FDIKX) is less volatile than its peers as it has a 3-year Standard Deviation of 25.42, lower than category average of 25.74
• Fidelity Diversified International K Fund (FDIKX) has a lower management fee than its Foreign Large Growth average: 0.76% vs 1.53%
• Fidelity Diversified International K Fund (FDIKX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Fidelity Diversified International K Fund (FDIKX)

Data for Fidelity Diversified International K Fund (FDIKX) as of February 28, 2010

• Fidelity Diversified International K Fund (FDIKX) has a less-than-ideal short-term performance (1-year return 52.43% vs 57.08 % Foreign Large Growth category average)
• Fidelity Diversified International K Fund (FDIKX) has a less-than-ideal Long-term performance (5-year return 2.21% vs 3.05 % Foreign Large Growth category average)
• Fidelity Diversified International K Fund (FDIKX) is less safe compared to its Foreign Large Growth peers
• Fidelity Diversified International K Fund (FDIKX) does not have a good risk adjusted return as its 3-year Alpha of 1.48 is worse than category average of 2.7, and its 3-year Sharpe ratio is -0.24

See Fidelity Diversified International K Fund (FDIKX) performance details as of February 28, 2010

  

  

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Fidelity Diversified International K Fund (FDIKX) Net Asset

Track net asset change of Fidelity Diversified International K fund (FDIKX)

Date	Net Asset
02/2010	$35.82B
01/2010	$5.61B
11/2009	$5.14B

More historic net asset information on Fidelity Diversified International K Fund (FDIKX)

  

Fidelity Diversified International K Fund (FDIKX) Portfolio Allocation

Track portfolio allocation change of Fidelity Diversified International K fund (FDIKX)

Date	Cash	Stock	Bond	Other
01/2010	5.38%	94.61%	0.01%	0%
10/2009	3.3%	96.7%	0%	0%
09/2009	2.87%	97.13%	0%	0%

Click here to see more historic asset allocation information on Fidelity Diversified International K Fund (FDIKX)

  

Most Recent Top 10 Holdings in Fidelity Diversified International K Fund (FDIKX)

Discover what Fidelity Diversified International K Fund (FDIKX) manager is buying

31-Jan-10 HSBC Holdings, plc. Common Stoc [2.17%] NESTLE N ORD [1.88%] Telefonica SA Common Stock [1.85%] [1.5%] [1.35%] Reckitt Benck Grp [1.3%] [1.26%] Vodafone Group Plc [1.26%] Banco Santander - Chile ADS [1.21%] [1.15%]

31-Oct-09 HSBC HLDGS PLC ADS [2.31%] TELEFONICA SA [2.17%] Vodafone Group Plc [1.88%] NESTLE N ORD [1.86%] Roche Holding AG [1.45%] E.ON Aktiengesellschaft [1.43%] TOYOTA MTR CP ADS [1.32%] Reckitt Benck Grp [1.26%] BANCO SANTANDER CHI [1.12%] Anheuser-Busch InBev SA [1.09%]

30-Sep-09 HSBC HLDGS PLC ADS [2.34%] TELEFONICA SA [2.1%] Vodafone Group Plc [1.86%] NESTLE N ORD [1.66%] E.ON AG [1.55%] Roche Holding AG [1.42%] TOYOTA MTR CP ADS [1.29%] Reckitt Benck Grp [1.21%] Mitsubishi UFJ Financial Group, Inc. [1.07%] BHP BILLITON LIMITED [1.07%]

Click here for Stock Holding Change Map in Fidelity Diversified International K Fund (FDIKX)

  

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See more information on Fidelity Diversified International K Fund (FDIKX)

• Fidelity Diversified International K Fund Insights
• Fidelity Diversified International K Fund Performance Data
• Fidelity Diversified International K Fund News
• Fidelity Diversified International K Fund Score Explaination
• Fidelity Diversified International K Fund Manager Information
• Historic Fidelity Diversified International K Fund Asset Allocation Report
• Historic Fidelity Diversified International K Fund Top 10 Holding Tracking
• Historic Fidelity Diversified International K Fund Asset Under Management Tracking